Cadillac, MI

Buyer's market+15.3% YoY

Housing market overview · Updated weekly

$197,000median sale price

Homes sold

5

Last 12 weeks

Days on market

57

Average pace

Active listings

42

8.4 months supply

Sale-to-list

97.3%

Below asking

The Cadillac housing market is currently classified as a buyer's market with a median sale price of $197,000. Prices have risen 15.3% compared to last year, with homes spending an average of 57 days on market, indicating 8.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cadillac

There are currently 42 homes listed for sale in Cadillac, Michigan. The median listing price is $195K.

Active listings

42

Homes on market

Median list price

$195K

Avg. days on market

57

Days until sale

New this week

16

Newly listed

Price drops:14.3%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Cadillac?

The median home sale price in Cadillac is $197,000, up 15.3% from last year.

How long do homes stay on market in Cadillac?

Homes typically spend 57 days on market before going under contract.

Is Cadillac a buyer's or seller's market?

With 8.4 months of supply, Cadillac is currently a buyer's market.

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